Impact Investors Shifting Gears to Accommodate Specific Goals
Monday, November 24, 2014
The trend of impact investing — into companies, organizations and funds with the aim of investing for social and environmental good, as well as a financial gain — is becoming more specific.
“We are seeing increasing interest from local authority pension funds, the charity and foundations sector and from some corporate pension schemes in impact investing,” said Kate Brett, London-based senior responsible investment specialist at Mercer Ltd.
“We have seen two different camps: some are driven by an existing corporate responsibility program, and are looking at how that could be reflected within their pension scheme investments. … The other camp likes the idea of impact investing, but wants to do it locally.”